Posts Tagged ‘UBS raisec coal sector’

SECTOR GAP-UP: COAL STOCKS (ACI, FCL, MEE, BTU)

COAL STOCKS are gapping up higher this morning at the open, and it isn’t just over higher oil prices rising almost $4.00 to back over $118 per barrel.  UBS has raised its sector ratings to a BUY from the NEUTRAL sector rating.  Shares raised to BUY were Arch Coal (NYSE: ACI) +3.5%, Foundation Coal (NYSE: [...]